The Power of a 70 20 10 Personal Development Plan for Career Growth
Are you stuck in a job and struggling to move up the career ladder? Do you feel like you’re not growing or developing new skills? You’re not alone. Career growth is an important aspect of job satisfaction, but it’s not always easy to achieve.
One effective way to develop yourself professionally is by creating a 70 20 10 personal development plan. In this article, we’ll explore what a 70 20 10 plan is, how it works, and why it’s highly effective in achieving career growth.
What is a 70 20 10 Personal Development Plan?
A 70 20 10 plan is a structured approach to developing new skills and knowledge. The plan is based on the concept that 70% of your learning comes from on-the-job experiences, 20% comes from interactions with others, and 10% comes from formal training.
The plan is customized to fit your unique career goals and development needs. It includes specific activities that you can engage in to enhance your skills and knowledge.
How Does a 70 20 10 Plan Work?
A 70 20 10 plan focuses on four key areas: learning, networking, challenging assignments, and feedback. Here’s how it works:
Learning
The first step in a 70 20 10 plan is to identify what you need to learn to achieve your career goals. This may involve acquiring new technical skills or improving soft skills such as communication, leadership, or time management.
Once you’ve identified your learning goals, you need to develop a plan to achieve them. This may involve attending seminars, workshops, or online courses.
Networking
The next step is to build relationships with colleagues, mentors, and others in your industry. Networking can help you gain access to new opportunities and learn from others’ experiences.
Networking can be as simple as attending industry events or joining professional organizations. You can also reach out to colleagues and mentors to schedule informational interviews or job shadowing opportunities.
Challenging Assignments
Challenging assignments are opportunities to stretch your skills and gain new experiences. These may involve taking on new projects or roles that test your abilities and challenge you to grow.
Challenging assignments can be found within your current job or through volunteer work or side projects.
Feedback
The final component of a 70 20 10 plan is feedback. This involves seeking feedback from colleagues, mentors, and others to help you identify areas for improvement and track your progress.
Feedback can be formal or informal. For example, you may seek out a mentor to provide ongoing feedback, or you may ask for feedback after completing a challenging assignment.
Why is a 70 20 10 Plan Effective?
A 70 20 10 plan is highly effective for career growth for several reasons:
- It’s customizable to your unique needs and goals.
- It’s based on research that shows the most effective ways to learn and develop new skills.
- It’s structured and actionable, making it easy to follow through on.
- It incorporates a variety of learning methods, including formal training, on-the-job experiences, and networking.
- It encourages continuous learning and development, which is essential for long-term career growth.
Conclusion
If you’re looking to grow your career, a 70 20 10 personal development plan can be an effective tool to help you achieve your goals. By focusing on learning, networking, challenging assignments, and feedback, you can enhance your skills and knowledge and move up the career ladder. So, start creating your plan today and take the first step towards achieving your professional aspirations.
